AD The following information is provided for RGP Corporation Income Statement For the Year-ended December 31, 2002 Sales $540.000 Cost of goods sold 252.000 Gross margin $288.000 $142,200 Salary expense Rent expense Bad debt expense 30,600 14,400 32,400 Depreciation expense Utilities expenses Interest expense Other expenses Gain from sale of equipment 10,800 7,200 10,800 (7.200) $46,800 14.400 $32.400 Income before tax income tax expense Net income Balance Sheet December 31, 20X1 and 20X2 Chane December 31, 2012 20x3 20x2 3:36,000 63.000 99.000 3,600 /cach A/R (net) Inventory Prepaid expenses Long-term invest Plant & Equipment Accum. Deprec 1. 72.000 3.600 300 SALOY 4.500 15,000 144.000 126.000 (36.000) 36,000 8327,600 Land 15200 18.000 110 BUY 27.000 $49,500 (46,800) 63.000 $377.100 Total assets $30,000 $180 18.000 (1800 $28,800 21,600 6.300 5,400 9,000 7,200 4,500 7,200 5400 9,000 Accounts payable Wages payable Accrued expenses Utilities payable Taxes payable interest payable Dividends payable Long-term Note Bonds payable Discount B/P 1200 (3.600) 1800 (5.400) 18.000 11,700 6,300 18,000 90,000 90.000 900 (5,400) (6,300) 22 SNER 100 11.700 900 Utilities payable 5.400 2009 Taxes payable 7200 1960 9,000 Interest payable 5.400 GLY 7,200 9,000 Dividends payable 100 6.300 (SADY Long-term Note 18.000 16.000 Bonds payable 90,000 90,000 Discount B/P (6,300) (5400) Common stock 94,500 117,00 22.500 APIC 36,000 54,000 18.000 Retained earnings 27,000 31,500 4,500 Treasury stock (3.600) 19.000) (5400 $327,600 Tot Liab & Equity $377,100 $49,500 Note: RGP Corporation sold equipment with an original cost of $27,000 (Hint make sure you reconcile the Pampment account) Required: Prepare a statement of cash flows in good form for RGP Corporation for the year-ended December 31, 20X2wing the Indirect method. Prepare the complete the statement on your scratch paper (showing supporting calculations to aid in grading enter the cash flow from operating activities, the cash flow from wetting activities, awarding partial credit). and the cash flow from financing activities (just these three amounts). The amounts you enter must tie to the statement of cash flow you submit via your scratch paper to earn credit for this